tv [untitled] July 25, 2011 10:00am-10:30am EDT
in india close he's available in the movie the joint the hotel rooms the home of the lights the gateway hotel the grand imperial truly the socialist. new kind of let's go to socialism good to see don't need to go and proclaim right this is the kernel was her turn to retreat. a show of nights in madrid thousands descend on the spanish capital over soaring unemployment and the government's handling of the struggling economy. and across the atlantic the rush to reassure the world's markets that the u.s. kind of put the living to fold even though the president and legislators are contant gree on how to lift the multi-trillion dollar debt. norway courses of ninety three victims of friday's twin atrocities the man who admits the killings has been charged with terrorism his first court appearance.
a very warm welcome to you this is the life from moscow thousands of protesters have set up camp in madrid spain central square that angry the crippling recession and mass unemployment in other countries in deep trouble but see their future being decided by brussels and the i.m.f. instead of being able to deal with the mess themselves. as being to me. the cash in spain is going mainly down the drain at least that's the opinion of thousands of people who've rallied across the country. we're going to call in the footsteps of the latin american countries take care of by mexico the government is controlled by the european bank and than double duty they don't care about the people. so the people decided it's time to voice their concerns loud and clear
before they lose more than just the shirt off their back spain has one of the highest unemployment rates in the eurozone so while the european leaders have been occasionally meeting and comfortable quarters to talk about the future of the euro and the european union itself people in the country have been demonstrating on an almost weekly basis to many government shape up stop talking and do something about the situation this is not just about higher wages and better pension plans with more than forty percent of young people in spain unemployed simply getting a job is a priority for those gathered in the trades central square the big part of the responsibilities from the cover. because they go first of all. not create the conditions at the beginning of the crisis to fight against the crisis it reacts very late and on the other hand once the government.
was. a government it's not doing their job properly look at how we're in the know about people to wake up otherwise we'll just become slaves to the system who want to be treated as humans and they believe they can make a difference. the government has to change things because they don't have a choice. with greece in shambles and neighboring portugal trashed by the rating agencies spain is facing not just a financial but a deepening. social crisis members of this so-called indignant marches say they want their dignity preserved but whether their calls will be heard is another issue even though madrid. there's more bad news for greece as well its credit score has dropped to just one notch above default following last month's second about a package ratings giant moody's says rejecting the vet implies substantial losses to private investors financial journalist your hand over and over the rescue
package is nothing more than banks paying money to other banks. we're bailing out the banks and we wouldn't be that soft i presume with greece if there wasn't the problem of the french and the german banks not only in but of course they are the major players in this if they were in that rollerball greek situation indeed we are throwing money at the banks through greece this package will certainly not help the greek economy the greek economy needs growth and since you're in the midst of a very bad recession you're gliding the country and cut spending to increase taxes then throwing some money at it is not the solution greece is now effectively in default because you can calculate on a net present value what the private bond holders will given you amount of value reduction or four you can do
a value reduction of around twenty percent in europe we don't have a political union and we don't we certainly don't have flexible labor markets so from the beginning. there were huge weaknesses in the whole construct of the monetary union in europe and my big surprise is that it has lasted ten years before through this kind of crisis these weaknesses came to the surface but on the other side of the ocean of american politicians are still tussling over how to raise the country's debt ceiling while republicans and democrats argue secretary of state hillary clinton has been trying to calm nervous asian investors that they will meet next week's that line but economic analyst and martin headache says it's already too late. united states is essentially bankrupt in any case if they increase the debt ceiling actually yes the chinese rating agency that has been saying even if they find an agreement and they increase the debt ceiling what is going to be as a result more debt so if the u.s.
has thirteen point five trillion off dead and that starts the nomination of their budget it's not even the fiscal gap including all the unfunded liabilities there the united states government actually keeps of the books and if you include this figure you know two hundred trillion us dollar of it's absolutely beyond control and all timidly it appears that the united states will be facing a sovereign debt crisis very much along the lines of the so-called. periphery as about also be other european supposedly stronger countries saudi expect a major major sovereign debt crisis from the major western countries suggest the investor should stay out of that region and look for a lot frog was sort of a commodity is thought to head for protect against what's going to occur and there's a lot of talk always in the rest of the dangers of china's military growing and how much of a risk this poses to asia and the rest of the go but if you're looking at how much
the united states is spending on military there's a strain of it's totally disproportionate the u.s. is spending a lot more the only difference is the u.s. is doing that this war of money and they can't afford it so you have to and so on. and there's so much more to come here on the program including whether there's one side is just a small crimes are so vast suspect is at the hague we take a look at why in many serbs by the process be under. lethal fix from the pharmacy r.t. reports on the russian addicts painfully killing themselves with a drug store cocktail because it's cheaper than. because of norway has lit a deeply moving minute of silence for the ninety three victims killed enough. twin attacks per scandinavian country has been shaken by the bombing of government buildings in oslo and the massacre island youth camp the tragedy has also touched the royal family the crown princess of noises that brother was one of the first
victims gunned down at the camp a man who emitted both atrocities has been charged with terrorism and will now be held in isolation for four weeks thirty two year old out of the previous pleaded not guilty saying he wanted to save europe and some are strong warning signal you also claimed that there were two more cells in the organization he belongs to investigative journalist tony gosling believes there's a new kind of terrorism on the rise. anders breivik thought he was some kind of teutonic knights for many evil times because he's echoing the kind of crusader attitude that it's a very strange version of christianity that he is he says he's a christian i don't think he is he says maybe the same kind of strange version of christianity that bush and blair have been coming up with over the last ten years or so so i think that this is actually the tip of an iceberg is actually quite a lot of this neo nazi activity out there and now i think the antiterrorist or
thought is right across the world we're going to have to take this brand of terrorism much more seriously and particularly worrying is that he was a freemason and as declared that he was a freemason i would imagine the norwegian police are now going to be talking to all the other members of any masonic lodges that he was in because this seems to be the place where this kind of christian rather nasty racist ideology was cooked up i would also add that it was interesting the police said they never come across him before the norwegian police but i wonder very much i wonder if the secret service in norway has been watching him because it was very strange that when he was first arrested on friday the police actually called out his name to him now it's very i would be amazed if they. i would have actually known as the first approached him what he's name was i would have thought that from the arrest point that's where the investigation would have started from. the proclaims that he wanted a change in the society apparently referring to the country's largest muslim
population social experts think the tragedy might now forcing the regions to reconsider their immigration policies i think that this is it really highlighting the immigration i don't want to call it a problem i want to call it you know integrated reality in parts of immigrants coming into norway and you're oddly you know most awful and most of norwegians probably didn't know that was twenty percent immigrate who were private they do a lot more of those statistics now i think they're going to be you know people saying gosh this guy was critically wounded today but we have another pretty serious problem ensues the prime minister was basically in the labor party generally do great job you know comforting the nation goes twenty four hours were happy they were you know tear i did a great job comforting the nation here's the issue we will be hearing were great word with the leader pretty good you have to do and go away is you know i don't think that being bent concerns of people who are nervous about the immigrant
population you know because of the more extreme groups you know these extreme views in that makes that and adds up and is their own platform and facebook you know average joe we understand your concerns about this issue but we think we're effective in great interaction here is why so instead we have to doing it in you know governing through fear and they have to drop some of those you know who are through jingoistic policies but also to present you know a more positive view of norway boy or. public policy expert the moderator both of you for talking to us from chicago. the last serbian a fugitive wanted by the u.n. war crimes tribunal is to appear in court later on monday court on which faces fourteen charges including crimes against humanity during the balkans war in the one nine hundred ninety s. serbian officials hope that his arrest will clear the way to e.u. membership but as nazis and sarah firth reports many serbs remain skeptical as to whether it's worth joining that or. so far the type deal has indicted one hundred
sixty one people mesa days have been served and there's been a fair amount of criticism certainly from the public opinion he he did take tribunals as acting with political and not necessarily legal interest there's also strong public opinion here because they the government very much looks to the west the people here really didn't feel any more like joining the e.u. is necessarily going to be in their school their country's interest they only have to look to greece to italy to spain to see that joining the e.u. membership is not the answer to the country's problems in fact in many cases it could quite potentially bring many more and yet is something that we still see the serbian government really pushing for now a lot of people saying that the really. the holden to cross is wishes they were supported by brussels when this government was put in place because the
parliamentary elections next year and elections the year after that they certainly did against the using the arrests and assessed against be using the candidacy for the e.u. if that ends up happening as we send for the public to date now that remain a number of obstacles in the way nonetheless one of those tools is the system that we know a lot of the member states will be pushing to serbia to acknowledge because they've independence as they have here within serbia that is extremely unpopular with the public opinion and we've had to do that for any government to come out and make that agreement would be political suicide. for supporting you with. thirteen minutes past the hour in the shadow of nine eleven the u.s. embark on a mission to root out terrorists network of secret prisons under seizing suspects often without much of after years of torment. many of those accused have since been
released well later this hour here on out so we hear from one former inmate about the pretenders he said he had to endure. i saw many people who got killed on the torture and kind of so. i was one of those so it was so right those kind of closure on myself they used electroshocks because i will not sign. that i was forced to agree that i may be a member of what you want to go and i was. he wouldn't really i didn't know at the time what used to be when they asked me what i thought of you and i said i'm not remember them and they brought me closer to psych i refused and that's why. they forced me to. make you sign by electro electroshocks another time the forcing of a lot of treatment it's normal on the waterboarding and all the time they hang on
since i had chains on my hands and i was hanging on the ceiling there was pulling me on the ceiling which actually and you know to my feet used to be or the floor. had no clothes on so i was hanging real for many days then the interrogator came he pulled me out and he going to sign almost every time when i said no he just made like this and you're putting it up. and i you can watch that full interview in about fifteen minutes time right here on t.v. well you can also catch it online at all to dot com there's also more on all the stories we're covering let's check out some of the items that you can discover today on our web site. combat for corporate in iraq the troops are finally leaving but they're being replaced by private contractors afterward suring the u.s. . and getting a lot over the prime minister as these. rather scantily clad publishers display
video. on the call she told kong. she is coming to live from moscow so i was recovered all of the bodies now from the russian pleasure part of the volga river two weeks ago off the two hundred one people on board the ship one hundred and twenty two were killed the bulgaria has been erased from the river and it's been a total shallow waters right past the greatest can piece together the ships final moments to discover how the tragedy occurred it will then be destroyed so the no part of it can ever be used again gary i went down in just three minutes only seventy nine people managed to escape the captains of the two vessels that had sailed by the city should face criminal charges for passing by without stopping to help. but i was going to some other world news for you in brief this hour here on odyssey five afghan children. have been injured in an attack by
a british apache helicopter working in a field in helmand province on saturday where you create forces were targeting an insurgent on a motorcycle nearby and their injuries are not thought to be life threatening almost fifteen hundred civilians meantime have been killed this year which is already the deadliest since the war started in two thousand and one. the syrian government adopted a law to allow political parties other than the ruling party party opposition groups have been banned for most part of a century a multi-party political system is a key demand of the anti-government protesters who have been staging a four month uprising the army is still coming down hard on dissent against the regime go to training schools or people in the capital suburbs. the new york hotel maid who accuses the former i.m.f. chief of sexually assaulting her has gone public. has told newsweek magazine that she's telling the truth about the attack in may i want to see dominique strauss
kahn behind bars to authorities are considering meantime whether to drop the charges against him amid doubts over her credibility trust god meantime i do not support the charges. hundreds of gay couples who got married in new york on sunday the american state has become the sixth and the most populated to recognize same sex unions i do began midnight to the cheers and the applause of friends and family be about thousands. rallies all across the state. heroin addicts in russia turning to a cheaper deadlier alternative ingredients are all too easy to get ahold of the drug cocktail known as crooked up and its main element is the painkiller coding it's now the government is trying to restrict sales of. reports on the lethal narcotics increasing use and you may find some of the images upsetting. you don't even know what they call the crocodile because it susan skin turns skin only before
it falls off virtually unknown ten years ago it's a mixture of purple solvents phosphorus and most importantly cheap medicines complained of painkiller codeine it's now become russia's second most popular drug after heroin which the cheaper and more easily available alternative injecting this lethal cocktail rock uses flash in months most die within three years i haven't been using it for two months i wish i never started ticking it the government's come up with a simple solution for now i can still buy coping and pain drugs off the shelf but from next year onward i'll need a prescription to do that so there are six showed up nearly half of russians use these drugs on a regular basis the vast majority of them are completely legitimate reasons so quite against drugs is the government going too far as of throwing the baby out what about. coding is sold over the counter in most western countries but its sales
have doubled in russia in five years and many say this is not a coincidence i think it was a mistake to start selling coding without a prescription in the first place by making it the most easily available opiate its form this problem yet expert opinion has been divided some believe that this doesn't do enough to tackle the social cause of addiction and innocent consumers. there is no efficient system in the country for issuing prescriptions to the people who will suffer the ordinary pensioners and housewives who need those medicines. the drugs then and the moscow suburbs we came here to ask what the users themselves think about the new law. i don't believe it would change anything those who want to take drugs will take drugs we will buy them from the right pharmacies and if we don't get them to use something else we will always have something to inject either
of nerve. on the. inmate shares his experience of the notorious prison that ruined his life but. with career back. great for the feel we've got. the biggest issues get the cuban voice face to face with the news makers. in india also use availability in the movie goer to joint the hotel rooms the ambulance the gateway hotel the grand imperial college george was the first coromandel you can a letter till close with her to see dodi to go and pick her brother said the colonel was hotel is used to retreat.
our welcome to our business report here in r.t. russia's economy looks good the g.d.p. has returned to pre-crisis levels exports and imports are reaching new highs salaries are up and deposits have toppled since the beginning of two thousand and eight however analysts believe it's still too early to celebrate with the economics ministry saying post-crisis recovery is being driven by state investments now i'm joined by hundred fifty five from b.p. capital thank you alexandra for coming to the program now what are the key risks for russian economy apart from fluctuations in all price hike we are really concerned with kiri reading in my crystal bill it was put it this way particularly with this code because of in the past year anyhow the government has committed to a lot of extra spending particularly on social. and. the decision to postpone the no no budget deficit in two thousand and fifteen is is a concern so because you think high oil prices are enough to support sustainable
growth in the russian economy well the first half and the first six months of this here have shown that they are in series no it's not about russia needs innovation that it's new it needs investment to go. and there is still a tree up a tree go up which some experts suggest could lead to what we will devalue ation after the president's presidential elections what are your thoughts on that. i think the. current account is going to be balanced if full price stays here it's going to be balanced maybe and of next year but i wouldn't say that it is immediately going to lead to ruble devaluation it's the ruble will be more balanced i would say and it will be driven by fluctuations in the capital account and this has been actually this has been the case for the last year so we've seen that already in the economy so but still the president's drive i mean we see that the president wants to limit state involvement in some sectors of the economy isn't
good for chicago you know well investors would really welcome me for a pretty girl and the limit is thrown they call me particularly many experts mention that the treasury is missin their middle sized enterprises which usually drive growth and this is because there is a very high competition with food on. and what is your forecast for inflation. after the you know seasonal factors and in september where you think inflation go off. we think it will really excel rate in the fourth quarter driven by this go to school spending which is yet to keep cool for in september as as we expected but the drop in soft commodity prices globally can be immediate gating factor and it is the i've told you all food prices can be more prolonged than just with a month. ok thank you thank you. thank you for coming and programs and
sharing these goals because it's very much. now let's take a look at the markets oil is declining for the first time in five days that song concerning the failure to reach a deal on raising the u.s. debt ceiling may cause. the biggest consumer groups to the polls both like sweet and ground are losing this hour in the web now gold prices have surged to record highs as investors are seeking safe heaven on the debt jitters and global exchanges gold is trading at one thousand six hundred sixteen dollars per ounce and sober at the moment forty dollars per ounce stocks in the u.s. open lower with the dow jones industrial average fell in some one hundred thirty points in early trading down about one percent for the july twenty second close stock slip after congressional leaders failed to agree on a deal to raise the nation's debt limit to avoid default lawmakers hope to reach a compromise on sunday but those talks stalled airline stocks decline after severe
cut to greece's credit ratings raised fears that the u.s. could follow. in europe bank stocks leave markets lower as a further downgrade of greece as rating prevent markets from extending a four sessions winning streak broccolis dropping from half percent in london and greek i could call till two point three percent in paris and russian stock signed by them most in a week on monday my xix is down point nearly point seven percent this hour and the r.t.s. is the point three percent now all stocks are down on declining crude so our financial stocks were spread about one half percent lower roles telecom is slightly better than the markets the stock fluctuating on its own the past couple of weeks ignoring market trends and polymath though it is up nearly two percent as the gold miner enjoys yet another record high price for gold. it's the second largest utility edison has renegotiated the pricing of its long term gas contracts with russia the italian company says it might be able to save up to two hundred eighty million
dollars industry analysts believe he could have a wider impact on other european operators many of them are seeking to really go shade long term gas contracts with suppliers from russia and culture. it's always time for that's all the time we have in our business update this hour but you can always find most always on our website dot com thanks will. download the official antti outlook haitian children phone the i pod touch from the